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58.com Buys Majority Stake In Chinese Automobile Service
Aggregated Source: ChinaTechNews.com
Chinese online classifieds services company 58.com Inc. has acquired a 70% equity stake in a Chinese automotive information service. 58.com's investment in Leftbrain, a technology company that is listed on China's National Equities and Exchange and Quotation, is for a total consideration of CNY100 million in cash. Leftbrain owns and operates XGO.com.cn, an automotive information […]
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